Ola, Hyundai in talks for $300 million fund infusion

Ola, Hyundai in talks for $300 million fund infusion

  • Ola is in talks with Hyundai Motor Company for investing about $300 million in the cab-hailing platform, according to sources.
  • The discussions are at an advanced stage and a deal could be closed in the next few weeks, sources said.
  • Bansal’s investment was part of Ola’s plans to raise about $1 billion in funding.


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